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kiashedgefund
Apr 4, 2024 2:41 AM

Bitcoin distributing hard Wyckoff (prepare for a DUMP) Short

Bitcoin / TetherUSBinance

Description

I am using a Wyckoff Distribution Schematic #1. Right now we are in Phase D. We already had an upthrust. (UTAD) is the distribution counterpart to the spring. It is the terminal shakeout that happens in a stage of accumulation. Keep in mind this is the 1H time frame. So this move will happen very shortly. My guess is by midnight tonight or tomorrow we should be under 65K completely.

Be careful, Do your own research as always

Thank you for reading
Comments
MyCryptoParadise_Simon
Spot-on with that UTAD mention. The anticipation for tonight's movement is real.
kiashedgefund
@MyCryptoParadise_Simon thank you! More people need to add Wyckoff to their trading tool belt
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